Annuities - Annuity Rates - Fixed Rate Annuities

Fixed Annuities

A First-Choice Investment

See if a fixed annuity is right for you with secure growth, competitive rates, and tax-deferred interest for your retirement savings.

Talk to an Agent

Our Fixed Annuity Plans

Flexible Premium Deferred

Non-Qualified
Traditional IRA
Roth IRA

Ages

18-89

Minimum Initial Deposit

$2,500

Maximum Deposit

First year $300,000. Subsequent years $50,000.

Withdrawals

Waiver of surrender charge opportunities available.

Additional Information
*Minimum guaranteed rate for our fixed rate annuities is 2.90%.

Annuity interest rate is 5% with a 2.90% minimum guarantee. Ask us how to do a rollover from your former employer-sponsored plans. Qualified annuities are subject to additional IRS rules and regulations. Seek competent tax advice to determine which product best suits your needs.

FORM HSL-FPDA-2024

What product is best for you?

What Plan is Right for Me?

Our agents can personally help you choose the right coverage and products for your specific needs to financially protect the ones you love, help get you started on a retirement savings plan or assist you with your Medicare coverage options.

Talk to an Agent

A First-Choice Investment

What Is A Fixed Annuity?

An annuity is a secure way to grow your retirement savings while earning a competitive rate of return. By deferring taxes on interest earnings, your money can accumulate more efficiently over time. With flexible payout options, you can tailor distributions to fit your retirement needs.

Our Flexible Premium Deferred Annuity is available for individuals aged 18-89, starting with a minimum deposit of $2,500, and offers a current interest rate of 5% with a guaranteed minimum rate of 2.90%. This approach maximizes your investment and provides favorable returns for a more secure retirement.

Talk to an Agent

Choosing a Beneficiary

An important decision to consider when purchasing a life insurance policy is who will receive the cash benefit from your policy and will that person administer the assets as you intend. It is very important to choose a beneficiary because if you do not choose one, state laws can determine how your estate will be allocated.

Learn More

What to Consider When Buying a Fixed Annuity

A Fixed Annuity is a safe way to accumulate retirement assets but still earn a good rate of return.
Interest dollars that would otherwise be taxed yearly are left in your account to earn additional interest.
Flexible payout options are available to meet your retirement needs at the time of distribution.
Upon death, the value of your annuity passes directly to your beneficiary and bypasses probate.
Withdrawal options are available within certain guidelines. Contact a life insurance agent for more information.
Competitive annuity rates ensure your investment grows efficiently, maximizing retirement savings and offering favorable returns.

Talk to an Agent

Have More Questions?

Plan Ahead and Give Back

For more than a century, Hermann Sons Life has invested its earnings in community service initiatives both large and small. When you invest in a Hermann Sons Life Fixed Annuity, you become a member of an organization dedicated to strengthening the communities in which we live.
Our members have access to exclusive benefits like a summer youth camp, a dance program for children and teens, a discount program and community service initiatives.